CME moves to retain key staff with round of promotions

Chicago Mercantile Exchange (CME) has promoted six key
employees in a bid to stave off a potential exodus from the
exchange. The move follows the recent departure of CME product
head Satish Nandapurkar, who was appointed ceo of Eurex US (see
FO Week Vol 9 No 3). There has since been speculation
that he may attempt to draw other CME talent across with
him.